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there is he. >> well, get me off, get charlie on. there we go. >> i ask a couple of people this already i think, president owe vans, that was when we saw the size and the magnitude of the latest moves, qe moves, a lot of people thought that things must be a lot worse than what we were led to believe and we thought we'd see some numbers that would make that apparent. we haven't seen numbers that are making that apparent, and i guess if you consider that it's a dual mandate, as long as we're above 8%, anything is justified. is that the thinking of the fed at this point, and i guess if inflation's low you can satisfy that mandate as well. you could even say that inflation's below our target so you're satisfying both mandates, but was that the thinking, there was really nothing worse than the rest of us thought in the economy when you decided to do this? >> well, that's a good question. i think that it's evident the data softened during the summer and this ends up being the third summer that we've seen the data soften from a first year,
there is he. >> well, get me off, get charlie on. there we go. >> i ask a couple of people this already i think, president owe vans, that was when we saw the size and the magnitude of the latest moves, qe moves, a lot of people thought that things must be a lot worse than what we were led to believe and we thought we'd see some numbers that would make that apparent. we haven't seen numbers that are making that apparent, and i guess if you consider that it's a dual mandate, as long...
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i talked to charlie evans this morning. he was one of the advocates of what we're calling the q.e. infinity program, the idea of keeping your foot on the accelerator, the central bank keeping its foot on the accelerator as long as employment remained above 7%. just a little background, the fed did not go with evans' specific proposal but did create an open-ended quantitative easing. so i asked him, how open-ended is it? what happens at the end of this year when operation twist ends? what happens to additions to the balance sheet? here's what he said. >> i frankly think it's going to take almost a year in order to see the type of improvement in labor markets that i'm expecting, just getting through the first half of next year with the headwinds that we're facing. i think that it's probably later in 2013 that we would get there. so in my opinion, we'd continue with those asset purchases until we see payroll employment more like 200,000, 250,000. >> continue at $85 billion into all of 2013? >> this is my recommendation. >> it's important to parse it just a little bit. remember that pa
i talked to charlie evans this morning. he was one of the advocates of what we're calling the q.e. infinity program, the idea of keeping your foot on the accelerator, the central bank keeping its foot on the accelerator as long as employment remained above 7%. just a little background, the fed did not go with evans' specific proposal but did create an open-ended quantitative easing. so i asked him, how open-ended is it? what happens at the end of this year when operation twist ends? what...
WHUT (Howard University Television)
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Oct 1, 2012
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funding for charlie rose was provided by the following: captioning sponsored by captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: new york city this week was the site of two major global conferences, one the united nations general assembly in which representatives of the nations who are members of the general assembly come here, including heads of state and foreign ministers and others at the clinton global initiative, business and government and ngo s were in attendance to talk about big ideas, big problems. one of the problems they talked about at both places was syria. another was middle east protest about a film that attacked mohammed and the third was iran and nuclear weapons. we begin with the former president of the united states bill clinton in conversation with me and my colleague at cbs nora o'donnell. >> rose: do you think this election the president has said that change has to come from outside rather than in washington, that this election has the possibility of producing a change that will be able to overcome gr
funding for charlie rose was provided by the following: captioning sponsored by captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: new york city this week was the site of two major global conferences, one the united nations general assembly in which representatives of the nations who are members of the general assembly come here, including heads of state and foreign ministers and others at the clinton global initiative, business...
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Oct 1, 2012
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governor charlie crist will join me next. >>> plus, the united states relationship in the middle east are being tested. we have reporters on the ground across the region. >>> but first a look ahead at the schedule of president obama and mitt romney. president obama in las vegas. don't be surprised if you see him. he has no public events but bet we see him go get a hamburger or something and mitt romney has rally tonight when he gets to denver. that's where we're going to be tonight. you're watch dnd only on nbc. overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. >>> the florida republican party has filed around election complaint against a firm that the republican national committe
governor charlie crist will join me next. >>> plus, the united states relationship in the middle east are being tested. we have reporters on the ground across the region. >>> but first a look ahead at the schedule of president obama and mitt romney. president obama in las vegas. don't be surprised if you see him. he has no public events but bet we see him go get a hamburger or something and mitt romney has rally tonight when he gets to denver. that's where we're going to be...
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mohamed morsi gave the in a series of interviews recently with the new york times and then a gun again on charlie rose kind of explaining to the american audience what he how he viewed democratic egypt and more broadly i'm up how democracy could be adopted in north africa in the middle east in general and i think he was pretty clear and pretty articulate on the subject you know that culture is very the role of religion in politics varies across the world and. you know there's not a western or one size fits all model for what democracy can look like in and at least in egypt they seem to be charting or at least beginning to chart their own way and mixing islam and democracy and trying to come up with a you know an approach to democracy that has actual cultural roots and i think that at least. you know an articulate view of mohamed morsi was quite articulate in the new york times on that subject you know what do you think about what's the role of islam and democracy and you know a tandem can they work together because western media a lot of pundits are very skeptical. they've been spectacle skeptica
mohamed morsi gave the in a series of interviews recently with the new york times and then a gun again on charlie rose kind of explaining to the american audience what he how he viewed democratic egypt and more broadly i'm up how democracy could be adopted in north africa in the middle east in general and i think he was pretty clear and pretty articulate on the subject you know that culture is very the role of religion in politics varies across the world and. you know there's not a western or...
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Oct 1, 2012
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[laughter] >> charlie is always asking me for money and i never give it to him. [laughter] >> welcome the wanted me to start first because i am going to talk about the law and i am going to bore you for five minutes. but they only gave me five minutes because of that. but there are two ideas i really want to put forward here. in some ways i think i am going to go to a point further than sandra did. i want to talk about with the constitutional issue of privacy, and then i met to talk about how the constitution results to a struggle between freedom of religion and the right of government to regulate society even when such regulations may interfere with religious doctrines because those are two points that are important here. there was a time in this country before 1965 when it was okay for a state to outlaw the use of contraceptions by married couples. several states had been for years. they were lingering on the books for years and finally the supreme court in a case called griswold versus connecticut said it was unconstitutional to prohibit married people from us
[laughter] >> charlie is always asking me for money and i never give it to him. [laughter] >> welcome the wanted me to start first because i am going to talk about the law and i am going to bore you for five minutes. but they only gave me five minutes because of that. but there are two ideas i really want to put forward here. in some ways i think i am going to go to a point further than sandra did. i want to talk about with the constitutional issue of privacy, and then i met to talk...
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it was the weigh in that answered charlie brown's age old question. >> oh, great pumpkin, where are you? >> there it is. the scale tips 2,009 pounds. ron wallace ended up in the arms of his fellow giant pumpkin growers at the fair in massachusetts. a one-ton pumpkin is equivalent to the four-minute mile. that from 2006 when he last broke the record. the one-ton pumpkin is named a freak 2. it came from the seed of the freak 1, which tie died on the vine last year. the freak 2 won a $5,50 prize, plus a bonus. wa wallace was growing giant pumpkins is addictive. >> put one of these in the ground and get hooked, never grow back to growing vegetables again. >> it may be biggest pumpkin, wouldn't win a beauty content instead of being around and round. look more like a globe of fat. why did he look so homely? >> it's genetics. they grow at such a quick pace, they get distorted. >> for now, it's an object of admiration. eventually, it will probably be carved. >> breeding giant pumpkins is like horse racing. >> the freak 2's seeds could sell anywhere from 200 to $3,000 per
it was the weigh in that answered charlie brown's age old question. >> oh, great pumpkin, where are you? >> there it is. the scale tips 2,009 pounds. ron wallace ended up in the arms of his fellow giant pumpkin growers at the fair in massachusetts. a one-ton pumpkin is equivalent to the four-minute mile. that from 2006 when he last broke the record. the one-ton pumpkin is named a freak 2. it came from the seed of the freak 1, which tie died on the vine last year. the freak 2 won a...